Adhunik Cycles Private Limited

Manufactures and sells various types of cycles, motorcycles, and related parts and accessories.

2014 | Ludhiana, Punjab (India) | Active
Last Updated: December 18, 2024

Adhunik Cycles Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 10 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.29 Cr
  • Revenue Growth -70.17%
  • Profit Growth -100.97%
  • Ebitda -34.15%
  • Net Worth -0.60%
  • Total Assets -11.79%

About Adhunik Cycles

Adhunik Cycles Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 June 2014 and has a history of Ten years and eight months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹1.29 Cr.

Mukesh Kumar and Amit Kumar serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35920PB2014PTC038673

  • Company No.

    038673

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at Adhunik Cycles?

Board Members (2)

Name Designation Appointment Date Status
Mukesh Kumar Country flag representing In Director 13-Jun-2014 Current
Amit Kumar Additional Director 12-Jul-2024 Current

Financial Performance of Adhunik Cycles.

Adhunik Cycles Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 70.17% decrease. The company also saw a substantial fall in profitability, with a 100.97% decrease in profit. The company's net worth dipped by a decrease of 0.6%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-70.17%
Revenue from Operations
-70.19%
Total Assets
-11.79%
Profit or Loss
-100.97%
Net Worth
-0.60%
EBITDA
-34.15%

What is the Ownership and Shareholding Structure of Adhunik Cycles?

In 2021, Adhunik Cycles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.90 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 1.29 Cr

Latest Charge Details

Date Lender Amount Status
17 Mar 2015 Karnataka Bank Ltd. ₹8.00 M Open
14 Feb 2015 Karnataka Bank Ltd. ₹4.90 M Open

How Many Employees Work at Adhunik Cycles?

Unlock and access historical data on people associated with Adhunik Cycles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adhunik Cycles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Adhunik Cycles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Adhunik Cycles

Recent activity within the organization

  • Director Appointment

    Amit Kumar was appointed as a Additional Director was appointed as a Additional Director on 12 Jul 2024 & has been associated with this company since 7 months 4 days .

    12 Jul 2024

  • Annual General Meeting

    Adhunik Cycles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Adhunik Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 8.00 M with Charge ID 10560938 was registered on 17 Mar 2015.

    17 Mar 2015

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 4.90 M with Charge ID 10554139 was registered on 14 Feb 2015.

    14 Feb 2015

  • Director Appointment

    Mukesh Kumar was appointed as a Director was appointed as a Director on 13 Jun 2014 & has been associated with this company since 10 years 8 months .

    13 Jun 2014

Frequently asked questions

  • Adhunik Cycles Private Limited was incorporated on 13 Jun 2014.

  • The authorized share capital of Adhunik Cycles Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Adhunik Cycles Private Limited.

    • Mukesh Kumar
    • Amit Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adhunik Cycles Private Limited is F-29 Phase-Vii, Focal Point Near S K Bike India, Ludhiana, Punjab, 141010.

  • The corporate identification number (CIN) of Adhunik Cycles Private Limited is U35920PB2014PTC038673 and the company number is 038673 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Adhunik Cycles Private Limited has fallen by -70.17%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Adhunik Cycles Private Limited has experienced an downturn of -0.60%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Adhunik Cycles Private Limited amount to ₹ 1.29 Cr.

  • The most recent Balance Sheet for Adhunik Cycles Private Limited was filed with the ROC on 31 Mar 2023.

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